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Affordable End Of Perth Market Leading The Charge; (only the cheap stuff is selling)
Topic Started: 8 Sep 2014, 01:57 AM (1,595 Views)
Jimbo
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http://www.perthnow.com.au/realestate/news/the-affordable-end-of-the-perth-housing-market-is-leading-the-charge/story-fnhlgriw-1227048533949

Demand for housing was falling across Perth according to RP Data research analyst Cameron Kusher.

“With the slowing resources sector and the already falling sales volumes we don’t expect this year to be a strong spring,’’ Mr Kusher said.

He said values may trend even lower across Perth by the end of the year.
Matthew, 30 Jan 2016, 09:21 AM Your simplistic view is so flawed it is not worth debating. The current oversupply will be swallowed in 12 months. By the time dumb shits like you realise this prices will already be :?: rising.
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lulldapull
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Whose gonna buy a house in Perth now Jimbo? Fuck all jobs to speak off.

Shit, even the 2 year GFC time frame debacle wasn't as bad as this current third world level state of affairs of the WA economy.

It'll get worse..........just watch.
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goldbug
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All these recent median price gains were all bullshit anyway, go out into the working class suburbs of any city where most of the homes actually are and look at price records over the past 5 years for unimproved homes, they have gone nowhere basically.
Shadow was hopelessly wrong about the Gold Bull Market.
What else is he wrong about?
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skamy
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Jimbo
8 Sep 2014, 01:57 AM
http://www.perthnow.com.au/realestate/news/the-affordable-end-of-the-perth-housing-market-is-leading-the-charge/story-fnhlgriw-1227048533949

Demand for housing was falling across Perth according to RP Data research analyst Cameron Kusher.

“With the slowing resources sector and the already falling sales volumes we don’t expect this year to be a strong spring,’’ Mr Kusher said.

He said values may trend even lower across Perth by the end of the year.
From the article you posted
Quote:
 
WAIKIKI

Median: $400,000
Qtr Change: 2.6%
1 Year Change: 9.0%
Year Sales: 267
Definition of a doom and gloomer from 1993
The last camp is made up of the doom-and-gloomers. Their slogan is "it's the end of the world as we know it". Right now they are convinced that debt is the evil responsible for all our economic woes and must be eliminated at all cost. Many doom-and-gloomers believe that unprecedented debt levels mean that we are on the precipice of a worse crisis than the Great Depression. The doom-and-gloomers hang on the latest series of negative economic data.
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Jimbo
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skamy
8 Sep 2014, 10:09 AM
From the article you posted
My place selling would have skewed that up a bit.
Matthew, 30 Jan 2016, 09:21 AM Your simplistic view is so flawed it is not worth debating. The current oversupply will be swallowed in 12 months. By the time dumb shits like you realise this prices will already be :?: rising.
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Drgonzo
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I have said it before and I will say it again, affordable property is always in demand.

Anyone buying in to the Sydney market as an investor is an absolute sucker. I have made 15% on my perth purchase in twelve months.

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newjez
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Drgonzo
8 Sep 2014, 11:26 AM
I have said it before and I will say it again, affordable property is always in demand.

Anyone buying in to the Sydney market as an investor is an absolute sucker. I have made 15% on my perth purchase in twelve months.

Where in Perth?
Whenever you have an argument with someone, there comes a moment where you must ask yourself, whatever your political persuasion, 'am I the Nazi?'
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Jimbo
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newjez
8 Sep 2014, 12:05 PM
Where in Perth?
He thinks he has made 15%.

Like the bloke down the road from me who thinks he will get 580k for his house even after two weekends of home opens with zero attendance.

Matthew, 30 Jan 2016, 09:21 AM Your simplistic view is so flawed it is not worth debating. The current oversupply will be swallowed in 12 months. By the time dumb shits like you realise this prices will already be :?: rising.
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Drgonzo
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Jimbo
8 Sep 2014, 12:12 PM
He thinks he has made 15%.

Like the bloke down the road from me who thinks he will get 580k for his house even after two weekends of home opens with zero attendance.
I have made 15%, the bank valued it for me last week which enabled me to secure another investment over the weekend.

The property is in Girro.

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Jimbo
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Drgonzo
8 Sep 2014, 12:14 PM
I have made 15%, the bank valued it for me last week which enabled me to secure another investment over the weekend.

The property is in Girro.
You bought another investment property in Perth?

Fair enough...
Matthew, 30 Jan 2016, 09:21 AM Your simplistic view is so flawed it is not worth debating. The current oversupply will be swallowed in 12 months. By the time dumb shits like you realise this prices will already be :?: rising.
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